A Message from the PresidentMANAGEMENT STRATEGYKey initiatives1 Strengthening of regional strategyRegional strategy is to be strengthened in global markets with a focus on Printing and Industrial Materials Products. In Japan, where some markets have matured, LINTEC will work to expand share and create new demand by offering new products and new applications while aiming for dif-ferentiation on cost and service in established products.In Asia, LINTEC ASIA PACIFIC will be given increased functionality forging stronger links between manufacturing and sales companies and we will seek to expand business through such measures as increasing local raw materials procurement, launching new products tailored to local demand, and undertaking strategic M&A. Further develop-ment of our markets in Thailand, Indonesia, and India will be a particular focus. In Europe and North America, we will utilize the sales channels and technological strengths of our three 2016 acquisitions to the full and realize Group synergies quickly. MACTAC AMERICAS products are already being offered to customers in Asia and we look forward to further developments along these lines.2 Creation of new valueWe want to provide original LINTEC value-added products and services derived from identication and careful analysis of the various issues facing our customers and their specic requirements. To this end, it is important that our sales personnel form a detailed picture of their customers’ requirements from day-to-day contact and share the information with others in the Company so that business operations and the R&D division can study it together. We will also aim to respond more promptly than before to customer expectations by making full use of the Advanced Technology Building’s testing facilities to smooth the transition from materials development to the proposal of manufacturing processes. New materials development centered on electronics, optics, automobiles, the environment, and energy will be another priority as it will play a key role in future growth.3 Bolstering the corporate structureIn March 2017, we announced the liquidation of LINTEC (TIANJIN) INDUSTRY CO., LTD., which is a label printing machine manufacturer and marketer, and we are also working with some urgency to turn around other overseas Group companies where earnings are weak. In June 2017, under a radical management rationalization for MADICO, INC., we announced full withdrawal from PV backsheets, restructuring of the production system, and downsizing of the workforce. We will be aiming to further strengthen the LIP–2019 Key Initiatives 1 Strengthening of regional strategy( 1 ) Increase in the domestic share and development of new markets and new demands( 2 ) Strategic investment and business expansion in the Asian region( 3 ) Expansion of the existing elds in Europe and America and the pursuit of synergies with the acquired subsidiaries2 Creation of new value( 1 ) Creation of products for differentiation which exceed customer needs( 2 ) Development of next-generation products anticipating market changes3 Bolstering the corporate structure( 1 ) Ensuring soundness of the Group companies and continual increase in earnings( 2 ) Promotion of cross-sectional operational reforms( 3 ) Further promotion of cost structure reforms4 Activities for realizing a sustainable society( 1 ) Promotion of business activities conducive to solving social concerns( 2 ) Promotion of work-style reforms, fostering of diverse human resources and encouragement of their active participation in the workplace12LINTEC ANNUAL REPORT 2017

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